Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
EDUCATIONAL DEVELOPMENT CORP reported fiscal year ended February 28, 2026 results: revenue $22,913,600, net income $2,325,200, EPS $0.27.
- Period
- fiscal year ended February 28, 2026
- Revenue
- $22,913,600
- Net income
- $2,325,200
- EPS
- $0.27
- Result
- reported results
Exact text from the filing
Fiscal Year Summary Compared to the Prior Year ● Net revenues of $22.9 million compared to $34.2 million. ● Average active PaperPie Brand Partners totaled 5,800 compared to 12,300. ● Earnings before income taxes totaled $5.3 million. Excluding the gain on the building sale of $12.2 million, loss before income taxes were $(6.9) million. ● Income tax expense was $3.0 million, with an effective tax of 56.5%, due to a one-time valuation allowance of $1.5 million. ● Net earnings totaled $2.3 million. ● Earnings (loss) per share totaled $0.27, compared to a loss of $(0.63), on a fully diluted basis.
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Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
EDUCATIONAL DEVELOPMENT CORP reported fiscal fourth quarter ended February 28, 2026 results: revenue $4,178,300, net income $(3,107,000), EPS $(0.37).
- Period
- fiscal fourth quarter ended February 28, 2026
- Revenue
- $4,178,300
- Net income
- $(3,107,000)
- EPS
- $(0.37)
- Result
- reported results
Exact text from the filing
CORPORATION CONDENSED STATEMENTS OF OPERATIONS (UNAUDITED) Three Months Ended February 28, Twelve Months Ended February 28, 2026 2025 2026 2025 NET REVENUES $ 4,178,300 $ 6,636,300 $ 22,913,600 $ 34,191,000 EARNINGS (LOSS) BEFORE INCOME TAXES (2,096,400 ) (1,530,000 ) 5,346,800 (6,855,000 ) INCOME TAXES 1,010,600 (184,500 ) 3,021,600 (1,591,400 )
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